Is Balmville, NY a good place to invest in rental property?

Balmville, NY has a median modeled monthly cash flow of $-2,086 and a median cap rate of 2.3%, on a median sold price of $510,000. Prices changed +3.7% year over year.

What is the average cap rate in Balmville, NY?

The median cap rate across recently sold homes in Balmville, NY is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Balmville, NY?

The median sold price in Balmville, NY is $510,000 (about $250 per square foot).

Investing in Balmville, NY Real Estate

A data-driven snapshot of the Balmville, NY rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$510,000Median sold price

$250Median $/sqft

2.3%Median cap rate

$-2,086Modeled cash flow / mo

+3.7%Appreciation YoY

8.6Months of supply

62Active listings

87Sold (last 12 mo)

What the Balmville numbers say

In Balmville, NY, the median home sold for $510,000 (about $250 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-2,086 of monthly cash flow. Sold prices moved +3.7% over the past year. Inventory sits at about 8.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New York markets to compare

See Balmville cash-flowing listings

CashFlowRE ranks every for-sale home in Balmville, NY by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Balmville deals, or browse the national market data.